Digital personalized nutrition market
The digital personalized nutrition market was valued at USD 579.5 billion in 2023 and is expected to reach USD 1,932.79 billion by 2031, at a CAGR of 16.5% during the forecast period 2024-2031.
InsightAce Analytic Pvt. Ltd. is a global digital personalized nutrition market – (by purchase model (subscription, one-time purchase), by end user (direct-to-consumer, wellness & fitness centres, hospitals & clinics, institutions)). announced the release of a market assessment report on , by application (general health and fitness, disease-based, sports nutrition)), trends, industry competitive analysis, revenue and forecast to 2031.
According to InsightAce Analytic’s latest research, the global digital personalized nutrition market was valued at USD 579.5 billion in 2023 and will reach USD 1,932.79 billion by 2031, at a CAGR of 16.5% during the forecast period of 2024. is expected to grow. -2031.
Digital personalized nutrition refers to the practice of using electronic resources to create a unique plan tailored to each person’s dietary and nutritional needs. The global digital personalized nutrition market is expected to expand significantly in the coming years due to technological advancements. Biomarker analysis, microbiome analysis, and DNA sequencing in saliva, blood, and urine are all examples of diagnostic tools that have been shaped by advances in these technologies. The expansion of wearable health trackers, smart wristbands, and patches are also contributing to the expansion of the digital personalized nutrition industry. Additionally, new digital technology innovations now allow users to easily access nutrition-related information, particularly regarding allergies, intolerances, and metabolic diseases. Increasing customer awareness is driving the need for digitally personalized nutrition plans. Additionally, the number of people suffering from long-term health issues is increasing, and food plays an important role in both treatment and prevention, further propelling this industry. Additionally, the fitness and wellness industry is growing, fueled by customers willing to pay for products and services that improve their health, and digital platforms are growing and markets are expanding.
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List of prominent players in the Digital Personalized Nutrition market:
*Nutrigenomics
* Day 2
*Circle DNA
* Ancestor
* Segterra
* Persona
* Biogenic
*Bayesian
*routine
* Healthify Me
*Calligenicyx
*Genoparate
*Habitual food
*Personalized
* Level
*Clina Health
*Silka
*Life sum
*Hood visor
*Nutrium
*23andme
* Viome
*Noom
* Atlas Biomed
* Other market participants
Market dynamics:
driver-
The growing popularity of digital personalized nutrition and technological advances are key factors expected to be driven by digital health programs, with increasing public participation in emerging countries due to factors such as the prevalence of mobile devices. Masu. As people’s discretionary income increases, they are able to upgrade their mobile devices to smartphones, driving the growth of the digital personalized nutrition industry. The digital personalized nutrition industry is being driven by the increasing number of people who own smartphones, which will allow them to easily access these services.
assignment:
Rapidly changing technology and data privacy concerns are projected to be challenges hampering the market growth. The digitally customized nutrition industry faces serious threats to data security and privacy because the data is highly sensitive and handled by healthcare providers. The Platform is subject to intrusions and security breaches that may ultimately compromise the security and effectiveness of the Services provided. These platforms include connected medical devices, smartphones, tablets, and remote monitoring systems. The rise of internet-connected wearable medical devices has raised concerns about the potential for unauthorized entry of sensitive patient information, hindering market growth in the coming years.
Regional trends:
The North American digital personalized nutrition market is expected to register a significant market share in terms of revenue. It is predicted to grow at a high CAGR in the near future due to increasing health awareness and the spread of nutritious products and services. The use of digital personalized nutrition systems by consumers and health and fitness providers is driven by consumer expectations for better health and cutting-edge technology, which is expected to grow the digital personalized nutrition market in the region. Furthermore, Europe accounts for a significant share in the digital personalized nutrition market due to changes in eating habits and lifestyles, and increasing knowledge about the need for a balanced diet, leading to the rise in the number of digital personalized nutrition programs in the region. The need is growing.
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Recent developments:
* In November 2023, Viome Life Sciences recently acquired Naring Health, a digital health and wellness company that provides personalized clinical and molecular data to enable informed decision-making. Viome has acquired DiscernDX, a company that provides comprehensive early disease detection, health monitoring, and personalized care for individuals. We also acquired Foodome, a company that analyzes all bioactive compounds in food and uses network science to explore relationships between diet, genetic pathways, and disease. These acquisitions were made under the Naring Health umbrella.
Segmentation of the digital personalized nutrition market –
By purchase model-
* subscription
*One-time purchase
By end user –
*Direct consumer
* Wellness & Fitness Center
* Hospitals and Clinics
* institution
By application-
* General health and fitness
* Based on disease
* Sports nutrition
By region-
North America-
* America
*Canada
*Mexico
Europe-
* Germany
* England
*France
* Italy
* Spain
* Rest of Europe
Asia Pacific region-
*China
* Japan
*India
* South Korea
* Southeast Asia
* Rest of Asia Pacific
latin america-
*Brazil
* Argentina
* Rest of Latin America
Middle East and Africa –
*GCC countries
* South Africa
* Rest of the Middle East and Africa
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media contact
Company Name: InsightAce Analytic Pvt.
Contact details: Diana D’Souza
Email: Send email [https://www.abnewswire.com/email_contact_us.php?pr=digital-personalized-nutrition-market-20242031]
Country: USA
Website: https://www.insightaceanalytic.com/
This release was published on openPR.
